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Orzel BialyWAR:OBL +0.51%79 Net Current Asset Value is zł37.24 as of Mar. 2026, which is 100% below its 10-year median of 1.29. GuruFocus rates WAR:OBL with a GF Score™ of 79/100 and a GF Value™ of zł27.02 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 96 Waste Management companies, Orzel Bialy ranks better than 90.62% on this metric.
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
Orzel Bialy's net current asset value per share for the quarter that ended in Mar. 2026 was zł37.24.
The historical rank and industry rank for Orzel Bialy's Net Current Asset Value or its related term are showing as below:
WAR:OBL'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.9 Med: 1.29 Max: 2.07
Current: 1.06
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Orzel Bialy was 2.07. The lowest was 0.90. And the median was 1.29.
WAR:OBL's Price-to-Net-Current-Asset-Value is ranked better than 90.62% of 96
companies
in the Waste Management industry
Industry Median: 4.19
vs WAR:OBL: 1.06
Orzel Bialy (WAR:OBL) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
Orzel Bialy Net Current Asset Value Related Terms
Orzel Bialy Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Orzel Bialy's Net Current Asset Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
WAR:OBL vs WM, RSG, WCN: Net Current Asset Value Comparison
For the Waste Management subindustry, Orzel Bialy's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Orzel Bialy Price-to-Net-Current-Asset-Value vs Waste Management Industry
For the Waste Management industry and Industrials sector, Orzel Bialy's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Orzel Bialy's Price-to-Net-Current-Asset-Value falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Net Current Asset Value of zł37.24 mean?
Orzel Bialy (WAR:OBL) has a Net Current Asset Value of zł37.24 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Orzel Bialy and its competitors. This is 2787% above median its historical median of 1.29. Over the past decade, Orzel Bialy's Net Current Asset Value has ranged from 0.90 to 2.07. According to the industry distribution chart, Orzel Bialy ranks #9 out of 96 companies in the Waste Management industry, placing it in the top 9.4%.
Is Orzel Bialy's Net Current Asset Value too high?
Orzel Bialy's current Net Current Asset Value of zł37.24 is 2787% above median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 2.07. Based on the distribution chart, Orzel Bialy ranks #9 out of 96 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Orzel Bialy has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Orzel Bialy's Net Current Asset Value compare to WM and RSG?
According to the Waste Management industry distribution chart, Orzel Bialy ranks #9 out of 96 companies for Net Current Asset Value. This places Orzel Bialy in the top 9% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.19. Historically, Orzel Bialy's own Net Current Asset Value has ranged from 0.90 to 2.07 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Waste Management company?
The median Net Current Asset Value among Waste Management companies is 4.19, based on 96 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Orzel Bialy and its competitors. For the Waste Management industry, the median Net Current Asset Value is 4.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orzel Bialy's current Net Current Asset Value is zł37.24, which is 2787% above median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orzel Bialy stock overvalued right now?
Based on GuruFocus' analysis, Orzel Bialy (WAR:OBL) is currently considered Significantly Overvalued. The stock's GF Value™ is zł27.02, compared to a current price of zł39.40 — trading 45.8% above its estimated fair value. The current Net Current Asset Value is zł37.24, which is 2787% above median its 10-year median of 1.29. Orzel Bialy's overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Orzel Bialy (WAR:OBL), the current Net Current Asset Value is zł37.24 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Orzel Bialy (WAR:OBL) Overvalued in 2026?
Based on GuruFocus' analysis, Orzel Bialy stock appears to be overvalued.
The current stock price of zł39.40 is trading 45.8% above its estimated GF Value™ of zł27.02.
GuruFocus considers Orzel Bialy to be Significantly Overvalued.
Key valuation signals for WAR:OBL:
Net Current Asset Value: zł37.24 (2787% above median its 10-year median of 1.29)
GF Value™: zł27.02 vs. price of zł39.40 (45.8% above fair value)
No single metric tells the full story. See the WAR:OBL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Orzel Bialy SA is a Poland based company engaged in recycling of used batteries. The company delivers its products to battery making companies, with batteries and accumulators supplied mainly to the automotive industry.
79GF Score
Get the complete analysis for WAR:OBL
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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